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Monday, May 05, 2008

Iran dumps U.S. dollar



these are so pretty.
An Iranian woman sits among colorful tulips in a garden in Gachsar near Chalus in Mazandaran Province, 59 Miles (99Km) north of Tehran, Iran on May 2, 2008. (UPI Photo/Mohammad Kheirkhah)


i luv tulips.
mr. ahmadinejad doesn't luv u.s. dollars anymore.
Iranian President Mahmoud Ahmadinejad called the depreciating dollar a "worthless piece of paper" at a rare summit last year in Saudi Arabia attended by state leaders from OPEC countries.

"The dollar has totally been removed from Iran's oil transactions," Oil Ministry official Hojjatollah Ghanimifard told state-run television Wednesday. "We have agreed with all of our crude oil customers to do our transactions in non-dollar currencies."

Iran, OPEC's second-largest producer, has stopped conducting oil transactions in U.S. dollars... in a concerted attempt to reduce reliance on Washington at a time of tension over Tehran's nuclear program and suspected involvement in Iraq.

the queen finally moves. she's such a shrew. the maze stretches on n on. in 2006 the (u.s.) Treasury cuts Iran bank's link to U.S. & Syria and Iran did a monetary tango - Syria by switching its foreign currency to the euro and Iran by transfering its assests from the West to the East.